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Jan 8 Lows Under Pressure *RES 4:......>

SILVER TECHS: Jan 8 Lows Under Pressure
*RES 4: $16.456 - Low May 1 
*RES 3: $16.217 - High Jul 9 
*RES 2: $16.000 - Resistance 
*RES 1: $15.875 - High Jan 4 
*PRICE: $15.586 @ 06:02 GMT Jan 14 
*SUP 1: $15.506 - High Jan 8 
*SUP 2: $15.346 - 200-dma 
*SUP 3: $15.001 - High Aug 28 
*SUP 4: $14.569 - 100-dma 
Silver has come under some pressure today as prices edge towards the Jan 8 low
at $15.506. A break below here would negate the bullish pennant formation and
target the 200-dma which comes in at $15.346. Below here is would open the Aug
28 high at $15.001. On the upside the initial target comes in at the Jan 4 high
at $15.875. Above here opens a run at the $16 level ahead of the Jul 9 high at

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